Tags: Obama | Housing | caps | bonuses

Obama Administration Sets Housing Agency Pay Caps

Monday, 04 Jun 2012 07:06 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

The Obama administration is clamping down on excessive pay at public housing authorities by setting caps that extend and expand limits imposed by Congress.

The action comes in the wake of reports last year of huge salary packages at a handful of housing agencies, including two executives who were paid more than $600,000 each.

Senior administration officials say the Housing and Urban Development Department plans to set a maximum salary ceiling of $155,000. The department undertook a national survey of salaries and found that a few top local housing officials were getting at least twice that limit.

Among those receiving large pay packages were to top executives at housing agencies in Atlanta, Los Angeles, Philadelphia and Chelsea, Mass. All the executives at those agencies have left their jobs.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Lawyer: Detroit Case Could Spur Other Cities to File Chapter 9

Wednesday, 30 Jul 2014 20:21 PM

A New York lawyer told Newsmax TV on Wednesday that Detroit, by declaring bankruptcy and reaching a settlement that appe . . .

Rand Paul to Host: MSNBC Should Tell Truth About Me

Wednesday, 30 Jul 2014 20:10 PM

Sen. Rand Paul told an MSNBC host Wednesday he'll be happy to discuss his views on the Civil Rights Act "when your netwo . . .

Scientists: Earth Narrowly Escaped Devastating 2012 Solar Storm

Wednesday, 30 Jul 2014 19:07 PM

A powerful solar storm's near-miss with Earth two years ago could have wreaked massive havoc, but businesses and governm . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved